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Sheridan Window Cleaners monthly income statement at several levels of activity is as follows: Windows washed 2,500 4,300 9,800 Sales revenue $ 3,900 $ 6,708
Sheridan Window Cleaners monthly income statement at several levels of activity is as follows:
Windows washed 2,500 4,300 9,800
Sales revenue $ 3,900 $ 6,708 $ 15,288
Cost of goods sold 1,300 2,236 5,096
Gross profit 2,600 4,472 10,192
Operating expenses
Advertising expense 400 400 400
5000 windows
Salaries and wages expense 750 930 1,480
Insurance expense 200 200 200
Postage expense 400 688 1,568
Total operating expense 1,750 2,218 3,648
Operating income $ 850 $ 2,254 $ 6,544
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